CMA CGM

CMA CGM - Sinosure Covered Loan

Borrower (s)
CMA CGM
Industry
Transport/Ships
Area of finance
Shipping Finance
Region
Europe
Countries
France

Deal Overview

Societe Generale along with four European banks and China Export Import Bank arranged USD1.4bn lease financing for the construction of 9 very large containerships. These innovative vessels are the first LNG- propelled containerships on order to date enabling a significant reduction of sulphur oxide,...

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Societe Generale along with four European banks and China Export Import Bank arranged USD1.4bn lease financing for the construction of 9 very large containerships. These innovative vessels are the first LNG- propelled containerships on order to date enabling a significant reduction of sulphur oxide, nitrogen oxide, fine particle and carbon dioxide (CO2) emissions, in line with the Paris COP21 resolutions. Built at Chinese shipyards, these 400-meter long 23 KTEU vessels are the largest container vessels on order to date and represent today the greenest transportation solution in the industry.

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Deal Volume
$1.38bn
Financial Close
20 December 2018

All Dealmakers

Bo Gao

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Sebastian Blum

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Valerie Mace

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Charles Faivre d'Arcier

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Tranches


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Assets

Asset Type: Manufacturer:
Shipping